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Post on Medial

2024-06-23T18:20:24.513Z

Hey everyone, It's my First time using this app. I love the concept and context of this app, better than all the social media out there. As a student I think this will be a great opportunity for me to network with all you crazy people out here. Little context about me 😁: I am an undergraduate in computer science, living in Electronic City, Bangalore. I am familiar with tech stacks such as React-Native using Expo, Native Android development using Kotlin and Android studio. Web Frameworks like Nextjs 14. I am familiar with DSA and is 1544 rated on leetcode and a 2* coder on Codechef. You can check out my profile. It will be amazing connecting with you all people here. BTW What should I discuss here ?? I would love to share my knowledge and experience and also gain some from you all.

SHIV DIXIT

Stealth • 7m

Idea For You Implement Now Fast So guys we all know that you don't have your personal home and you're living on rent. According to reports 35% Indian don't have personal home and 80% young Indian Don't have home they are living on rented home or apartment. Mostly Indian middle class people who is earning 60-70k monthly or less and their most of the money goes to paying rent , food , family education and other things that's why they are not able to purchase their dream home Because of this they purchased home after 9-10 years when price are high in emi . Now idea is that you're living in Delhi in your dream house on rent but you don't have money to purchase that house so our company purchase that house and give you with some legal agreement after that you just need to give rent to company with 1% interest and when actual price of that home recovered by compny we will give you full authority of home . So you just need to give rent and you become the owner of that property .

34 replies14 likes

Replies (34)

Arvind Singh

Stealth • 6m

Great idea bro you can kill that market

0 replies1 like

Pravesh Mourya

Stealth • 7m

This is known as hire purchase in technical language bank do same when we finance our vehicle with them but you can modify that for your startup

1 replies1 like

Shlok Katare

Stealth • 7m

Bro I think ur idea is good but india and us are completely different markets but implementation is on u.

1 replies2 likes

Harsh Gupta

Stealth • 7m

Bro Fd kara deta hu itne paise ka , 6-7% intrest tho aa jayega 👀😁

0 replies1 like

Nishant singh

Stealth • 7m

Bro This is a completely flop idea. First of all how you will arange such capital. At the end of the day, you will have to get loan to purchase them and then charging just 1% interest is not sustainable. Leave aside this, in case of economic slowdown if a certain amoubt of people stop paying rent then suddenly you will be bankcrupt in days. Also with such hogh price of property compared to lower rate of rent this model will and can never be sustainable. Just do a research before posting anything . Any model copied from US is not a business model.

2 replies2 likes

A Yogavardhan

Stealth • 7m

Are you talking about Danube Properties?

2 replies2 likes

Anonymous 2

Stealth • 7m

If you charge rents for such properties then they will obviously be high, which will discourage many to settle for smaller houses. Plus, you need to invest large amount of capital to buy such properties with a long time for it to be recovered.

1 replies2 likes

Sajin

Stealth • 7m

Your ideas are crazy bro

1 replies2 likes

Anonymous 1

Stealth • 7m

Log scam scam Bolenge picking some fault..

1 replies1 like

Harshavardhan
•

YouTube • 7m

You mean House loans? 🤔

1 replies1 like

SHIV DIXIT

Stealth • 7m

Same model is running in US and the company valuation is 2 billion dollars and people are so interested and they have lot of active customers.

0 replies3 likes

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